Airbnb & VRBO Performance in Killington Vermont.

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Killington, Vermont: Airbnb & VRBO Vacation Rental Market Overview

Killington, Vermont, is experiencing a robust short-term rental market, with average daily rates of $519, 42% occupancy, and significant revenue growth, making it an attractive and lucrative destination for vacation rental investors.

Market overview

Thriving Short-Term Rental Market in Killington, Vermont

Killington, Vermont, is experiencing a robust and lucrative short-term rental market, making it an attractive destination for both investors and vacationers. The area boasts an average occupancy rate of 42%, indicating a high demand for these rentals. The average daily rate for short-term rentals in Killington stands at an impressive $519, with monthly revenues averaging $40,884. This strong performance is further highlighted by the growth in active listings, which have increased by 8% over the past year. The combination of high occupancy rates, substantial daily rates, and increasing rental listings underscores the viability and profitability of short-term rentals in Killington, making it an ideal location for those looking to capitalize on the tourism industry.

Short Term Regulations

Short-Term Rental Regulations in Killington, Vermont for 2024

Registration and Permits

  • Short-term rental operators must apply for a permit before renting out their homes. This applies to all dwelling units, rooms, or other spaces rented for less than 30 consecutive days and more than 14 days in a year.
  • Permits must be renewed annually by November 15.

Permit Fees

  • One to two bedroom unit: $150
  • Three bedroom unit: $200
  • Four or more bedroom unit: $250.

Occupancy Limits

  • Maximum occupancy is two occupants per approved bedroom plus two additional occupants. For condominiums, occupancy is determined by the Act 250 permit, and the 'plus 2 occupants' exception does not apply.
  • Maximum overall occupancy for any short-term rental is 16 individuals.

Safety Requirements

  • If a short-term rental unit is equipped with an alarm system, it must have a call-in feature and a Knox Box is required.
  • For properties with an occupancy limit of 9 individuals or higher, an inspection report with occupancy approved from the Vermont Division of Fire Safety is required.

Insurance

  • Insurance specifically covering short-term rental use is required for all properties.

Availability of Host

  • The short-term rental operator, or a designated agent or representative, must be available by phone at all times that the short-term rental is in use.

State and Local Taxes

  • Operators must collect and remit a 9% Rooms Tax, a 1% Local Option Tax (if applicable), and a new 3% short-term rental surcharge effective August 1, 2024.

Compliance with Other Rules

  • Hosts must comply with other contracts or rules such as leases, condo board or co-op rules, HOA rules, or rules established by tenant organizations.

Additional Requirements

  • Properties sleeping more than eight people require a certificate of occupancy from the Vermont Division of Fire Safety, which may include requirements for a monitored fire alarm system or a sprinkler system.
  • Hosts must post required information within their rental units, including contact details for the person responsible for maintenance and contact information for the Department of Health and the Department of Public Safety's Division of Fire Safety.
Neighborhood Performance

Top Airbnb Revenue-Generating Neighborhoods in Killington, Vermont

1. Killington Resort Area

  • This area is highly appealing due to its proximity to the ski lifts, making it ideal for ski-in/ski-out experiences. Properties here often come with amenities such as indoor/outdoor pools, hot tubs, fitness centers, and on-site restaurants, which are major attractions for guests.

2. Snowshed Base Area

  • Located near the popular Snowshed base area, this neighborhood offers easy access to learn-to-ski trails and golf courses. The convenience of shuttle-on/ski-off services during peak season and amenities like outdoor pools and tennis courts make it a favorite among guests.

3. Mountain Green Condos

  • This area is known for its resort-style amenities, including indoor/outdoor pools, hot tubs, fitness centers, and full-service bars/restaurants. The condos here offer a year-round accommodation experience with the convenience of walking to the lifts and free covered parking.

4. Whiffletree Condo Association

  • This neighborhood is attractive due to its fully renovated modern ski condos, gas fireplaces, and access to outdoor pools and tennis courts. The prime location near the Snowshed base area and golf courses adds to its appeal.

5. Downtown Killington

  • While not as heavily listed as other areas, properties in downtown Killington are appealing because of their central location to bars, restaurants, and retail outlets. Guests can enjoy a variety of activities, including golfing, hiking, and mountain biking, all within a short distance.

Why These Neighborhoods Are Appealing

  • Proximity to Skiing and Outdoor Activities: Many of these neighborhoods offer direct access to ski lifts, trails, and other outdoor activities, making them perfect for winter and summer sports enthusiasts.
  • Amenities and Services: Properties in these areas often include a range of amenities such as pools, hot tubs, fitness centers, and on-site dining, enhancing the guest experience.
  • Convenience and Accessibility: Shuttle services, walking distance to lifts, and central locations to other attractions make these neighborhoods highly convenient for guests.
  • Year-Round Activities: The availability of activities beyond skiing, such as hiking, mountain biking, and golfing, ensures that these areas remain appealing throughout the year.
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Design Tips

Creating an Inviting Airbnb in Killington, Vermont: Design and Furnishing Tips

To make your Airbnb in Killington, Vermont, a standout destination that reflects the area's unique style and appeals to guests, consider the following tips:

1. Embrace Rustic Charm and Modern Comforts

Combine rustic elements with modern comforts to create a welcoming atmosphere. Incorporate materials like reclaimed wood, stone, and warm color palettes to reflect the natural beauty of the area.

2. Highlight Local and Natural Themes

Incorporate local and natural themes into your decor. For example, use nautical elements and lake-themed accents to tie in with Killington's proximity to Lake Champlain and its outdoor recreational opportunities.

3. Invest in Quality Bedding and Comfortable Seating

Ensure a good night's sleep with high-quality bedding, including comfortable mattresses, soft sheets, and fluffy pillows. Add plush throws and comfortable seating to make the space feel inviting and homely.

4. Provide Ample Amenities

Offer amenities that cater to the needs of guests, especially those visiting for outdoor activities. This includes fully equipped kitchens, dedicated workspaces with high-speed Wi-Fi, and amenities like pools, hot tubs, and fitness centers.

5. Enhance Outdoor Spaces

Utilize outdoor spaces to their full potential. Add features like BBQ grills, decks for sunning, and access to outdoor recreational facilities such as pools and tennis courts.

6. Maintain Cleanliness and Attention to Detail

Ensure the space is clean and well-maintained. Hire professional cleaning services between bookings and pay attention to details like fresh linens, dust-free surfaces, and sparkling bathrooms.

7. Curate Local Guidebooks and Recommendations

Help guests make the most of their stay by providing guidebooks or digital folders with insider tips on local restaurants, attractions, and activities. This adds a personal touch and enhances the guest experience.

8. Ensure Security and Privacy

Install secure locks and consider smart lock systems to make guests feel safe. Respect guests' privacy by providing ample space for them to relax without feeling overlooked. Note that indoor cameras are prohibited by Airbnb policies.

9. Communicate Clearly and Promptly

Clear and prompt communication is crucial. Respond to guest inquiries and messages promptly, and be available to address any questions or concerns during their stay.

10. Update and Improve Based on Feedback

Continuously update and improve your space based on guest feedback to ensure it remains a top choice for travelers seeking a home away from home in Killington.

Insider Tips

Local Attractions and Insider Tips for Guests Visiting Killington, Vermont

Must-Visit Attractions

1. Ben & Jerry’s Ice Cream Factory Tour

  • Located in Waterbury, VT, about an hour's drive from Killington. Guided tours are available daily from 10 am to 6 pm. Don't miss the Flavor Graveyard.

2. Calvin Coolidge Homestead

  • In nearby Plymouth, this historic site is the childhood home of the 30th President of the United States. Take a tour and watch an informative video. Only 15 minutes south of Killington.

3. Killington Adventure Center

  • Offers a variety of activities including the Beast Mountain Coaster, Zip Line Racer, Soaring Eagle, Skye Ropes Course, Trampoline Jump, and more. Perfect for adventure seekers.

4. Simon Pearce Mill

  • Located in Quechee, 26 miles east of Killington. Watch professional glassblowers create stunning works of art in this picturesque setting near the Ottauquechee River.

5. New England Maple Museum

  • Learn about the history and production of maple syrup, a quintessential Vermont product.

6. Quechee Gorge Village

  • A quaint shopping district featuring the Vermont Antique Mall & Marketplace and other local treasures.

7. Cabot Creamery

  • Famous for its cheese, this is a great place to taste and learn about Vermont's dairy products.

8. Green Mountain National Golf Course

  • For golf enthusiasts, this course offers a scenic and challenging experience.

9. Appalachian Trail Adventures

  • Explore the great outdoors with hiking trails that are part of the Appalachian Trail, a top attraction in the area.

10. Killington Wine Festival

- Held in July, this festival features wines from around the world in a scenic setting. Tickets sell out quickly, so plan ahead.

Insider Tips

Lodging and Amenities

  • Consider booking vacation rentals through local providers like GetAway Vacations or The Killington Group, which offer a range of options and sometimes include pet-friendly accommodations.

Dining

  • Check out local eateries like The Jerk Jamaican Mountain Grill at Killington Resort for a unique dining experience.

Activities and Tickets

  • Use the Killington App to plan your activities and check the validity of your passes. Booking regional lodging can also provide access to discounted lift tickets.

Seasonal Activities

  • Depending on the season, enjoy mountain biking, skiing, or other outdoor activities that Killington has to offer. The area transforms beautifully with the seasons.

Local Culture

  • Take time to explore the historic and cultural sites in the area, such as the Calvin Coolidge Homestead, to get a deeper understanding of Vermont's history and culture.

By sharing these attractions and tips, you can help your guests make the most of their visit to Killington, Vermont.

Practical Tips

Practical Tips to Run a Successful Short-Term Rental Business in Killington, Vermont

To ensure a smooth and profitable short-term rental business in Killington, Vermont, several key practices are essential. First, it is crucial to comply with local regulations, particularly noise regulations. Inform your guests about quiet hours through clear communication in your listing and a digital or physical house manual. This manual should also include essential instructions, Wi-Fi passwords, and other important details to make the guests' stay comfortable and hassle-free.

Implementing a simplified check-in process using smart locks can enhance guest convenience and reduce the need for physical key exchanges. Additionally, provide detailed parking instructions accompanied by photos to avoid any confusion. Ensuring regular maintenance, especially before and after peak seasons, and fostering good relationships with local cleaning services can also help in managing back-to-back bookings efficiently.

By adhering to these tips, you can optimize your rental's occupancy rates, command premium prices during peak seasons, and maintain a positive reputation among guests, ultimately leading to a successful and lucrative short-term rental business in Killington.

Local Vendors

Here is a brief list of house cleaning, repair, and maintenance providers in Killington, Vermont:

House Cleaning Services

  • The Cleaning Crew: Offers comprehensive cleaning services for homes, condos, and offices, including carpet and floor cleaning, and specialized projects like microwave, furniture, and tile cleaning. They also provide trash hauling services through their subsidiary, Red Duck Refuse.
  • Red Maple Hospitality: Provides housekeeping and concierge services, ensuring hassle-free rental cleaning and maintenance.
  • Clean Step Carpet & Floor Cleaning: Specializes in heavy-duty cleaning of carpets, flooring, tile & grout, flood clean-up, fire and smoke restoration, and mold remediation.

Additional Resources

  • Turno: A marketplace for finding vetted and experienced cleaners specifically for Airbnb properties in Killington.

General House Cleaning Providers

  • Various individual and company house cleaners listed on Angie's List, offering a range of cleaning services from standard to deep cleaning, with varying rates and services.
Management fees

Short-Term Rental Management Fees in Killington, Vermont

In Killington, Vermont, managing short-term rental properties involves a range of fees that can vary significantly based on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, marketing, and maintenance, typically ranges from 20% to 30% of the rental revenue. For instance, companies like GoSummer and Awning charge fees starting at 20% and 15% respectively, with the final pricing adjusted based on factors like property size, type, and location.

In addition to these management fees, hosts may also incur additional costs for cleaning, repairs, and design services. Basic service packages, which might only include essential management tasks, can be less expensive but still fall within the 10%-30% range. Moreover, hosts must comply with local regulations, including annual permit fees and taxes such as the 9% Vermont rooms tax, 1% local option tax, and the newly introduced 3% short-term rental surcharge effective August 1, 2024.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Killington should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
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Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Killington.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for Vermont